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100 000 Mark Deutsch-Luxemburgische Bergwerks- und Hütten-AG
| Issuer | Deutsch-Luxemburgische Bergwerks- und Hütten-Aktiengesellschaft |
|---|---|
| Year | 1923 |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | 100000 Gutschein über Einhunderttausend Mark Bochum und Dortmund, den 1. August 1923. Deutsch-Luxemburgische Bergwerks- und Hütten-Aktiengesellschaft. Dieser Gutschein wird 14 Tage nach öffentlicher Bekanntmachung ungültig und kann bis zu diesem Tage bei unseren Hauptkassen und den Zweigstellen der Großbanken in Bochum und Dortmund eingelöst werden. |
| Reverse description | Plain cream-coloured reverse, unadorned by any vignette or decorative underprint, carrying only typeset text in Fraktur blackletter script. The text sets out the legal conditions of the voucher, stating that it is to be treated as cash and that the bearer is liable for any loss, followed by a clause confirming that the note loses its validity after the period stated on the obverse. The issuer name 'Deutsch-Luxemburgische Bergwerks- und Hütten-Aktiengesellschaft' appears centred in the lower portion of the text block. |
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| Comments |
Deutsch-Luxemburgische Bergwerks- und Hütten-AG was one of the great industrial combines of Weimar-era Germany — a steel and mining conglomerate with operations stretching from the Ruhr into Luxembourg. Like hundreds of major German industrial firms during the hyperinflation of 1923, it was authorized to issue its own emergency currency, Notgeld, to meet payroll when Reichsbank notes became worthless faster than the presses could print them. Workers needed something — anything — that could be exchanged locally before the next denomination surge made it obsolete.
At 100,000 Mark, this note dates from a period when that sum was still a plausible wage packet, placing it likely in the spring or early summer of 1923, before the truly catastrophic zeroes arrived in autumn.